HTC Unveils New Flagship Smartphone

Taiwanese smartphone maker HTC Corp. unveiled its new flagship device, the HTC One, a crucial device as the company seeks to regain lost ground in an increasingly competitive market.

HTC was once the top seller of smartphones running Google Inc.'s Android software in the U.S. and had solid market share. That position has long since been overshadowed by the dominance of Samsung Electronics Co. and Apple Inc., while pressure rises in...